RE: Decree 8112 May 2022 14:26
TrickyDicky2....RY was/is paid $350k/year to do the clever work so we shareholders don't have to, RY failed miserably.
This is about RY, he has mislead, he has lied, as a result of his direct mismanagement thousands of investors are starring at big losses. Accepted, investing comes with risks, we all buy into that, none of sign up to lying BOD's, inept and poor performance, mismanagement. RY has added zero value to AMC over last 8 odd year, he's collected a cool $2.5m along the way, therefore this now has become all about RY and how single handedly he has destroyed AMC.
Just to ask, how much has RY/BOD lost in this calamity?
Are they still getting paid? Yes
Will they get paid going forward? Yes
Wages guaranteed? Yes
Pensions guaranteed? Yes
Will shareholders get their money back in the next 5 years? No
Will shareholders get their money back in 10 years? No
Are there guarantees in place to ensure AMC remains listed? No
If AMC gets de-listed or goes private, are there or will there be shareholder communication mechanisms in place? No
If anyone was to do a simple SWOT and risks analysis, the picture doesn't look good.